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Stock impact report

Q2 Earnings Highlights: Agilysys (NASDAQ:AGYS) Vs The Rest Of The Vertical Software Stocks [Yahoo! Finance]

Agilysys, Inc. (AGYS) 
Last agilysys, inc. earnings: 1/28 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: agilysys.com/en/company/investor-relations
Company Research Source: Yahoo! Finance
Software is eating the world, and while a large number of solutions such as project management or video conferencing software can be useful to a wide array of industries, some have very specific needs. As a result, vertical software, which addresses industry-specific workflows, is growing and fueled by the pressures to improve productivity, whether it be for a life sciences, education, or banking company. The 15 vertical software stocks we track reported a mixed Q2. As a group, revenues beat analysts' consensus estimates by 1.9% while next quarter's revenue guidance was 1.1% above. Big picture, the Federal Reserve has a dual mandate of inflation and employment. The former had been running hot throughout 2021 and 2022 but cooled towards the central bank's 2% target as of late. This prompted the Fed to cut its policy rate by 50bps (half a percent) in September 2024. Given recent employment data that suggests the US economy could be wobbling, the markets will be assessing whether th Show less Read more
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